daangrauss

NZD/CAD Potential short trade

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OANDA:NZDCAD   NZD/CAD
the NZD/CAD is currently bearish on the h1 timeframe. as we can see price is making lower highs and lower lows underneath the 50 ema. price also broke previous support what is most likely to turn into resistance. entry will be based on price action patterns (double top/h&s pattern) on 5m timeframe. enter after break of neckline. good luck.
(no financial advice)
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